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Topic: . - page 5. (Read 11740 times)

legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
March 22, 2013, 11:51:54 AM
#55
I know exactly what he is talking about. As someone who has personally watched the Davinci Code I can consider myself an expert at decifering puzzles.

He mentions behind "closed doors" like the closed door of a closet, a closet which he is in. This would mean that Vladamir is gay and that he will be coming out of the closet in 2015.

"some serious projects are being underwritten"
"If these projects come to fruition"

Now the part about "very important for Bitcoin things"...who is the most important person in gay society? Liberace.


Vladamir is going to buy a large blinged out pink Liberace type of piano with Bitcoins.

"Anyone parting with his coins at current silly prices is going to deeply regret it"

No you are so silly Vladamir. I doubt a pink piano purchase will change the price of bitcoins by much.
hero member
Activity: 868
Merit: 1000
March 22, 2013, 11:49:43 AM
#54
Umm.. who are you and why do you know these things?

Vladimir - a son of Soviet Russia - he knows. I tell you, he knows.

We must all know that the russians know everything. They are the greatest!!!

Here's proof:

http://www.youtube.com/watch?v=BMgWyoUDfUg
legendary
Activity: 1470
Merit: 1006
Bringing Legendary Har® to you since 1952
March 22, 2013, 10:51:20 AM
#53
For what is worth. Based on some information that is not public and that I have no intention to disclose, things are happening behind closed doors. There are some serious projects are being underwritten and financed and negotiated right now. If these projects come to fruition, which is likely to happen within 2 years time frame, the accessibility of Bitcoin investments to general public will be ubiquitous.

Anyone parting with his coins at current silly prices is going to deeply regret it by year 2015.


I'm not sure where you heard about our projects from, but I respectfully ask that you do not repeat them on the forums in this manner.  Thank you.

Sorry Vladimir, I didn't buy this.

This should really be moved to "Speculation".
member
Activity: 62
Merit: 10
March 22, 2013, 10:48:38 AM
#52
Quote 1:
...the accessibility of Bitcoin investments to general public will be ubiquitous.

Quote 2:
hedge funds get their name because they hedge their positions on the market
example go long on oil futures and long on airlines stocks
1 if oil goes up let the oil futures run in profits cut the airlines stock
2 if oil goes down cut the futures and let the airlines stock run in profits how you hedge in bitcoin world?
Originally hedge funds used to hedge, as in your example, but nowadays any strategy goes. Being long in BTC is a possibility. The problem however, is that they normally want to buy financial products within a strict legal framework. The Coinlab deal is a first step towards making this possible, the ultimate goal would be a Bitcoin ETF.

Quote 3:
"'While silver can get to $15 or $20 before it's all said and done, the actual launching of the silver ETF could mark a short-term top for silver,' added Peter Grandich, noting that the silver ETF could represent a 'buy the rumor, sell the news' trade." /.../ "Analysts are also warning about potential confusion over the tax structure of precious-metals ETFs. Under current tax law, long-term gains from the sale of silver are taxed as 'collectibles' like artwork. Therefore, if held for more than a year, gains on the silver ETF would be taxed at a maximum rate of 28%, compared with 15% for so-called long-term gains on stocks. If sold in less than a year, gains are taxed as ordinary income.'
- Ben Jones. Metals Dip On Profit Taking, ETF Worries. April 04, 2006.
http://moneyandmetals.blogspot.com/2006/04/metals-dip-on-profit-taking-etf.html

Quote 4:
The gold ETF is being proved to be a sham, not convincingly so, but enough to anyone harboring a suspicious mind. Stories abound within ETF’s regarding shorting gold via futures, buying 10 cents worth of gold per dollar held, lack of transparency, unaccountability under the false guise of security concerns, and avoidance of SEC requirements enough to earn a formal investigation. Eventually, we will learn that on a good day, a fractionally managed gold ETF is right on target with their reality. My uglier view is that ETF’s will morph into non-producing hedge firms, simple queer adjunct skeletal illicitly controlled shams linked to the hedged mining firms themselves, whose certificates are fully mixed, those valid vaulted very real with those leased vanished never to be seen again. For smart people to trust the ETF offerings is evidence of utter complete stupidity in my book. Jim Turk’s original suspicions might have been met with calls of competitive bias, but no more. His concerns have all been borne out as authentic. He is a true gold patriot. For the precious metal community to embrace the upcoming silver ETF is beyond my comprehension.
Such trust reminds me of the Iraq War and calls of weapons of mass destruction. Now Iran is a nuclear threat. Have we learned anything about disinformation? How intelligent is the gold community? Don’t confuse zeal and stubbornness for intelligence and craft. If Fanny Mae launched an ETF for housing investors, would we trust it? A credible argument can be made that the hedged gold institutions (within the establishment of the goomba World Gold Council to manage the gold ETF) is akin to the mafia managing the lending operations for the Teamster’s Union retirement fund. How is that working out? The streetTRACKS gold ETF (GLD) will have a similar fate someday, in managed receivership by some official steward.
- Jim Willie CB. Why USFed Hikes, Unspoken. February 16, 2006
http://www.freemarketnews.com/Analysis/65/3825/2006-02-16.asp?nid=3825&fb=1&wid=65&ntyp=EMA
http://economicrot.blogspot.com/2006_02_01_economicrot_archive.html#114037421219143602

Quote 5:
It's like fractional reserve banking....one bar "owned" by 10 different entities.
Bottom line is if you own precious metal ETF's you own PAPER!
- thinkiam Jul 15 01:14 PM Comment on an article "Warnings to Precious Metal ETF Investors - Buyer Beware!"
http://seekingalpha.com/instablog/121744-mark-anthony/13311-warnings-to-precious-metal-etf-investors-buyer-beware
legendary
Activity: 1106
Merit: 1001
March 22, 2013, 08:58:20 AM
#51
For what is worth. Based on some information that is not public and that I have no intention to disclose, things are happening behind closed doors. There are some serious projects are being underwritten and financed and negotiated right now. If these projects come to fruition, which is likely to happen within 2 years time frame, the accessibility of Bitcoin investments to general public will be ubiquitous.

Anyone parting with his coins at current silly prices is going to deeply regret it by year 2015.


I'm not sure where you heard about out projects from, but I respectfully ask that you do not repeat them on the forums in this manner.  Thank you.

Yeah, Vladimir. Pics or it didn't happen.
newbie
Activity: 42
Merit: 0
March 22, 2013, 08:51:03 AM
#50
For what is worth. Based on some information that is not public and that I have no intention to disclose, things are happening behind closed doors. There are some serious projects are being underwritten and financed and negotiated right now. If these projects come to fruition, which is likely to happen within 2 years time frame, the accessibility of Bitcoin investments to general public will be ubiquitous.

Anyone parting with his coins at current silly prices is going to deeply regret it by year 2015.


I'm not sure where you heard about our projects from, but I respectfully ask that you do not repeat them on the forums in this manner.  Thank you.
legendary
Activity: 1148
Merit: 1018
March 22, 2013, 07:46:24 AM
#49
Dear Vladimir,
You took the time to write your post, which tells us nothing in particular and there is no way for us to tell if it's true or not. I have two questions for you:
1) Why did you do that?
2) What do you expect US to do after we read your post?

1. Just teasing you. But some people might take some action based on this information. These people do know who they are and what to do.

2. I have no expectations of any action from anyone. Safe to ignore.




My friend... I think most of intelligent people knows that the wise strategy with bitcoin is:

- INVEST ONLY WHAT YOU CAN AFFORD TO LOOSE
- BUY AND HOLD, FULL POINT

If you follow those two simple rules you will be OK with bitcoin Wink
cho
full member
Activity: 155
Merit: 100
Boar with me
March 22, 2013, 07:45:41 AM
#48
To put it another way, 140M people in russia, there are not enough bitcoins to give each russian 0.1 BTC.
Or to give each Russian 10000000 satoshis.
[/quote]
If your intent is to point that 0.1 BTC is large enough, you are right. I didn't mean to imply that there are too few bitcoins, I just wanted to show how rich we are even with a few bitcoins Smiley
cho
full member
Activity: 155
Merit: 100
Boar with me
March 22, 2013, 07:44:04 AM
#47
All current limitations of Bitcoin aside, remember that the entire system is ultimately dependent on Internet connectivity.  Any grand plans for nation state adoption require broadly deployed Internet service.  Yes there are technologies that address this but they are quite immature.  Just saying, it needs to be considered as a factor depending on who you're talking about.  Cyprus, as an example since it's the favorite mention du jour, does not have very good Internet service on the whole.  In fact, it's quite poor.

That's an interesting point. I would add, though, that there already much, much more internet connected devices than bank-connected devices.
Furthermore, the national crypto currency does not need to replace paper notes, and paper notes can be used for small amounts where no Internet connectivity exists. Just like today with fiat currencies...

The troubling part of this national crypto-currency scenario might be with tax and accounting laws.
Would the "clever" country demand from its citizens that they declare the full list of their crypto-currency adresses, allowing the tax services to monitor each and every digital money transfer ?
member
Activity: 71
Merit: 10
March 22, 2013, 07:43:45 AM
#46
Actually, russia money supply is around 11T RUB, which would put the current bitcoin at around 1 000 000 RUB, that is around 32 000 $.
To put it another way, 140M people in russia, there are not enough bitcoins to give each russian 0.1 BTC.

Or to give each Russian 10000000 satoshis.
sr. member
Activity: 504
Merit: 250
March 22, 2013, 07:21:38 AM
#45
Something Big??? Wait for it... WE'RE ALL GOING TO PATTAYA, fuck yeah!!!!  Grin

Just heard it on BBC World news: A cyprus government official states that "Cypern is considering adopting an alternative currency outside the Euro economy".

I wetted myself when i heard these words!

Of course this is to put pressure on Andrea Merkel to get a better deal and "alternative currency" suggesting that they are going to invent a Cyprus Dracma, not related to B...... of course.

Nevertheless hearing this on BBC was the shock of the day....
legendary
Activity: 1764
Merit: 1007
March 22, 2013, 07:19:54 AM
#44
Based on some information that is not public and that I have no intention to disclose, things are happening behind closed doors [...] which is likely to happen within 2 years time frame [...]

u mean the next reward halving?  Shocked
legendary
Activity: 1106
Merit: 1001
March 22, 2013, 07:09:57 AM
#43
Something Big??? Wait for it... WE'RE ALL GOING TO PATTAYA, fuck yeah!!!!  Grin
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
March 22, 2013, 07:09:47 AM
#42
...
Anyone parting with his coins at current silly prices is going to deeply regret it by year 2015.


No regrets if you are able to buy back at $48 to $50 soon.
member
Activity: 67
Merit: 11
March 22, 2013, 07:08:03 AM
#41
My guess: he is referring to plans to bring Bitcoin to the stock exchange - making it tradable with any online broker (e.g. stocktrade) and accessible to billions of investor's funds. I myself have a few ideas about how this could be pulled off.
member
Activity: 74
Merit: 10
March 22, 2013, 07:04:42 AM
#40
All current limitations of Bitcoin aside, remember that the entire system is ultimately dependent on Internet connectivity.  Any grand plans for nation state adoption require broadly deployed Internet service.  Yes there are technologies that address this but they are quite immature.  Just saying, it needs to be considered as a factor depending on who you're talking about.  Cyprus, as an example since it's the favorite mention du jour, does not have very good Internet service on the whole.  In fact, it's quite poor.
vip
Activity: 756
Merit: 503
March 22, 2013, 06:59:21 AM
#39
Bitcoin will bailout Cyprus if they drop the Euro.  Grin
full member
Activity: 148
Merit: 100
March 22, 2013, 06:49:25 AM
#38
Meanwhile, I set you all up for an epic "I told you so" post.  Cool
Didn't a certain pirate write something quite similar a year ago? Cheesy
sr. member
Activity: 294
Merit: 250
You are a geek if you are too early to the party!
March 22, 2013, 06:27:36 AM
#37
What possible mechanism could be used for a nation state to adopt Bitcoin as it's legal currency?

Interesting. I think it makes much more sense to create a national blockchain, spawn a good number of "russiacoins" at initialisation time, choose its own growth rules.
Once you've done that you can open your exchange which accepts rubles and delivers RBTC, maybe at a 1:1 parity.
You might need to write some rules allowing you to create RBTC during the exchange period, because you don't know how much rubles people will come and exchange at your desks.

Once that is done and the exchange period is over, you are now in a country where the ruble has been crypto-currency-upgraded, but it is still a national currency, with legal tender inside the country, but with no special international status.
Do you think this scenario is flawed ?
If not, wouldn't the first "national crypto currency" gain international credibility ? I guess a lot of investors, knowing very well that the Fed is more or less a giant printing press, would be happy to sell dollars and buy this new currency, wouldn't they ?

That is a phenomenal idea, especially for regions who have to use money they have no control of - like maybe a Euroblock country, or a US state.

Looking at it practically, if you had an area with let's say, 4 million people, but their currency was being issued by a central bank somewhere, these people could use the regional crypto coins for their day to day purchasing, while letting the government carry on using fiat. Each person would have a few bitcoins, and the cap value of the coins wouldn't go to much more than gold today.  Assuming that once people had paid their taxes, their pay packet would be converted to bitcoins.  It would be a win / win because the government auditors wouldn't get upset, as they could still print out money to make the books balance, while the people were not going to get taxed by stealth inflation!

Its far too sensible to be legal! Wink
legendary
Activity: 1400
Merit: 1013
March 22, 2013, 06:20:45 AM
#36
If that is true, then price will skyrocket to about 100 x of what is it now, and even more.
Realistically that scenario implies 2-4 more zeros than just 100 times.
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